Tech Company Financing Transactions
Pigment Funding Round
On 6/8/2023, Pigment raised $88 million in Series C funding from ICONIQ Capital, Felix Capital and FirstMark Capital.
Transaction Overview
Company Name
Announced On
6/8/2023
Transaction Type
Venture Equity
Amount
$88,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to drive sustainable growth at the company, with headcount expected to increase by 25% by the end 2023, across enterprise sales, partnerships and product teams. The company will also invest in product innovation for decision-makers across disciplines, including: Pigment AI, a chat-like interface to automate tasks, bring more people into the planning process and accelerate decision-making
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
12 Rue Rougemont
Paris, 75009
France
Paris, 75009
France
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Most FinOps and RevOps teams still work with spreadsheets to run one of the most strategic processes for their organization: Financial and Sales planning. Hours are spent manually pulling, updating, and distributing data. Models built on spreadsheets are bespoke and hard to maintain. XFN collaboration is difficult.
Management Team
Title
Name
Email & Social
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